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A tight-supply, appreciation-lean market. The rent math runs thin; demand and tenant incomes are the story.
What would change this read: a price correction (median already +0.7% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −16.7% YoY, is the number to watch.
The median listing price is up 0.7% YoY while the median home got down 7.7% bigger, so value per square foot is up 4.1%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
Not shown: 1 BR (no price per sq ft reported).
At the median, a $592K purchase rents for $2,010/mo: 0.34% of price per month against the 1% rule's 1.00%.
Not shown: 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent).
Sales here take about 28 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 55127 itself, not its parent county.
Renters hold 17.7% of this ZIP's 7,502 occupied households, on a median household income of $118K.
| Measure | ZIP 55127 | Ramsey County | Difference |
|---|---|---|---|
| Median Household Income | $118K | $82K | +$36K |
| Below Poverty Level | 3.0% | 12.3% | -9.3% |
| Median Age | 41.90 | 36.10 | +5.80 |
| Total Population | 18,090 | 542,945 | -- |
| Avg Household Size | 2.38 | 2.38 | 0.00 |
| Owner-Occupied | 82.3% | 60.6% | +21.7% |
| Worked From Home | 25.3% | 20.5% | +4.8% |
| Mean Commute | 22.80 | 21.40 | +1.40 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.3% to 542,945: residents under 18 are down 1.0% and those 65 and over are up 2.2%.
County median household income is $82K, 12.3% of residents are below the poverty level, 20.5% work from home.